{"id":3953,"date":"2022-02-10T07:27:13","date_gmt":"2022-02-10T07:27:13","guid":{"rendered":"https:\/\/www.flow20.com\/blog\/?p=3953"},"modified":"2025-02-28T11:01:36","modified_gmt":"2025-02-28T11:01:36","slug":"benefits-of-ecommerce-for-wholesalers-and-b2b-businesses","status":"publish","type":"post","link":"https:\/\/www.flow20.com\/blog\/benefits-of-ecommerce-for-wholesalers-and-b2b-businesses\/","title":{"rendered":"Benefits Of Ecommerce For Wholesalers And B2B Businesses"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p><span style=\"font-weight: 400;\">If the Pandemic has taught businesses anything, it\u2019s the importance of having an online presence.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Case in point: Primary, one of Europe\u2019s biggest retailers sees its revenue plummet from hundreds of millions to\u2026wait for it, zero all because they didn\u2019t have an eCommerce presence.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Every year, consumers from both B2C and B2B are increasingly turning online to make their purchase and the <\/span><a href=\"https:\/\/www.ecomsilver.com\/2019\/12\/26\/top-b2b-ecommerce-trends-for-2020\/\"><span style=\"font-weight: 400;\">B2B eCommerce trend<\/span><\/a><span style=\"font-weight: 400;\"> is all and well in full force with the sector expected to be worth a whopping <\/span><a href=\"https:\/\/store.frost.com\/future-of-b2b-online-retailing.html\"><span style=\"font-weight: 400;\">$6.7 Trillion by 2020<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is still surprising to find so many wholesale and B2B businesses are still not leveraging the incredible growth they can find online and if your business is one of them, here are just a few benefits of how adding an eCommerce element to your operations can help your business grow.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Take your online business to new heights with Flow20! Optimize with our expert <\/span><a href=\"http:\/\/www.flow20.com\/ecommerce_seo.php\"><span style=\"font-weight: 400;\">eCommerce SEO<\/span><\/a><span style=\"font-weight: 400;\">, expand your reach with <\/span><a href=\"http:\/\/www.flow20.com\/bing_ppc.php\"><span style=\"font-weight: 400;\">Bing PPC services<\/span><\/a><span style=\"font-weight: 400;\">, and dominate <\/span><a href=\"http:\/\/www.flow20.com\/google_ads_agency_london.php\"><span style=\"font-weight: 400;\">Google Ads<\/span><\/a><span style=\"font-weight: 400;\">. Plus, master advertising with our <\/span><a href=\"https:\/\/www.flow20.com\/adwords_training.php\"><span style=\"font-weight: 400;\">Google Ads training<\/span><\/a><span style=\"font-weight: 400;\">. Act now!<\/span><\/p>\n<h2><b>1- Engage with buyers 24\/7<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Many wholesalers depend on phone calls or trade shows to engage with retailers, but it&#8217;s 2020 and that\u2019s simply not enough.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want to attract more customers and generate more leads, you should set up additional ways to engage with them 24\/7. Ecommerce lets you do that.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, you can offer an online catalog that keeps potential buyers interested in your products. It also helps you build hype for your product as you will be able to show everything you have virtually.\u00a0<\/span><\/p>\n<p>Partnering with <a href=\"https:\/\/bingdigital.com\/\">top ecommerce agencies in London<\/a> will help you start your own ecommerce store where you can start selling your products online with ease.<\/p>\n<p><span style=\"font-weight: 400;\">Another advantage of a <\/span><a href=\"https:\/\/www.ecomsilver.com\/\"><span style=\"font-weight: 400;\">B2B online store<\/span><\/a><span style=\"font-weight: 400;\"> is that there is no limitation that you have with physical space on how much information you can add- demo videos, reviews, and testimonials to highlight why customers should choose you over your competitors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By integrating a chatbot on your website, you can instantly answer the most common questions of your buyers. Besides, chatbots can also help you capture the prospect\u2019s information, enabling you to retarget them later.<\/span><\/p>\n<h2><b>2- Get More Sales<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">One of the obvious benefits of eCommerce is that it helps you accept sales even outside of business hours and quite simply, the more hours you can sell, the higher your sales are likely to be.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Wholesale ecommerce, combined with digital marketing, can help you get in front of potential buyers right when they\u2019re looking for it. You can also leverage other online channels, such as email marketing, social media, and paid ads to target more customers and drive them to your website.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another benefit is that you can also offer personalized recommendations to customers based on their browsing behavior and purchase history. This not only engages the customer but also increases the chances of upselling.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike in traditional wholesale ordering where you calculate pricing based on volume manually, ecommerce can help you display high volume quotes accurately and instantly. This makes it even smoother to place wholesale orders online.\u00a0<\/span><\/p>\n<h2><b>3- Boost Brand Awareness<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Many wholesalers still rely on word-of-mouth marketing and a single faceted marketing approach used to work just fine a decade or two ago but won\u2019t be that effective anymore.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consumers are getting tech-savvy and their search for a product or service like yours will usually begin online so if you\u2019re nowhere to be found, that makes generating new business that much more challenging.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is where Content marketing comes in and is one of the best ways to boost brand awareness. It costs 62% less than traditional marketing and generates three times as many leads.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even B2B wholesale companies like <\/span><a href=\"https:\/\/www.thomasnet.com\/\"><span style=\"font-weight: 400;\">ThomasNet<\/span><\/a><span style=\"font-weight: 400;\"> (an online supplier discovery platform) uses content marketing to increase their online visibility and drive traffic to their website. they publish articles on topics related to their business, such as manufacturers, warehouses, and more.\u00a0<\/span><\/p>\n<h2><b>4- Manage Supply Chain Effectively<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The benefits of going online isn\u2019t just limited to your own wholesale business either.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ecommerce and ERP systems can help create a bridge between your business and that of your suppliers making the entire process more seamless and easier to manage and scale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not to mention, much quicker tools such as one-tap re-ordering, you can make it easier for your customers and suppliers to make repeat purchases a breeze.\u00a0<\/span><\/p>\n<h2><b>5- Reach Mobile Users<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">There has been massive growth in the number of mobile consumers. <\/span><a href=\"https:\/\/review42.com\/mobile-marketing-statistics\/\"><span style=\"font-weight: 400;\">70% of B2B buyers<\/span><\/a><span style=\"font-weight: 400;\"> report that they have increased their mobile usage over the past few years. And, <\/span><a href=\"https:\/\/www.adcolony.com\/blog\/2019\/02\/05\/the-year-of-mobile-again-mobile-now-dominates-e-commerce-sales\/\"><span style=\"font-weight: 400;\">40% of all online transactions<\/span><\/a><span style=\"font-weight: 400;\"> are made on a mobile device.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By optimizing your ecommerce website for mobile, you get the opportunity to reach a wider audience and increase sales.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can also incorporate mobile apps so that when your sales reps are on the move, they can display all your products on the mobile or tablet\u2019s screen which makes for a more immersive (read: effective) presentation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PWAs (Progressive Web App) that works even without the internet connection by leveraging cached data during your last interactions means the sales process can continue even without the internet. Sidenote: PWAs increase the <\/span><a href=\"https:\/\/www.sam-solutions.com\/blog\/the-benefits-of-progressive-web-apps-pwa-for-business\/\"><span style=\"font-weight: 400;\">average conversion rate by 52%<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Companies like Alibaba have created effective PWAs to engage more users and drive repeat business. Their PWA highlights the most important parts above the fold, such as messages, requests for quotation, and account.\u00a0<\/span><\/p>\n<h2><b>6- Lower Operating Cost<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When moving your wholesale business online, you eliminate a lot of overhead company expenses. For example, when setting up a physical store, you have to consider costs, such as rent, maintenance, electricity, etc. However, in the case of ecommerce, you only have to invest in creating an online store and managing it, which is way less than operating an offline store <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your main costs are to do with the eCommerce site build, the ongoing maintenance and hosting.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another place you reduce the operating cost is in advertising. A lot of money is spent on printing flyers, billboards, and even TV ads. With ecommerce, your main investment will be in digital marketing which is proven to be far more cost and time effective in generating sales vs traditional media.\u00a0<\/span><\/p>\n<p><b>Final Thoughts<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Hopefully, this article gives you enough food for thought for testing the eCommerce waters if your business hasn\u2019t done so already.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you need help or to speak to someone, we\u2019d love to hear from you.\u00a0<\/span><\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>","protected":false},"excerpt":{"rendered":"<p>If the Pandemic has taught businesses anything, it\u2019s the importance of having an online presence.\u00a0 Case in point: Primary, one of Europe\u2019s biggest retailers sees its revenue plummet from hundreds of millions to\u2026wait for it, zero all because they didn\u2019t have an eCommerce presence.\u00a0 Every year, consumers from both B2C and B2B are increasingly turning [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[75],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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